Peter Faber wrote this bylined article on the state and local tax considerations that should be considered in structuring transactions among related corporations. “Transactions among related corporations that may have little or no federal tax impact can have a significant state or local tax impact,” Mr. Faber wrote. “Moreover, the issue is not entirely one of defensive tax planning to avoid problems. Transactions among related entities can be structured affirmatively to achieve positive state or local tax results.” Read the full article (subscription required).
